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TTRADE-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-01-13 16:50

Abstract:Founded in 2020, TTRADE is an unregulated broker registered in the United States, offering trading in forex, commodities, and indices with leverage up to 1:400 and spread from 1.6 pips on the Standard account via the MT5 platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as 200 USD.

Note: TTRADE' official website - https://www.ttradefx.com/ is currently inaccessible normally.

TTRADE Review Summary
Founded2020
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, commodities, indices
Demo Account✅
LeverageUp to 1:400
SpreadFrom 1.6 pips (Standard account)
Trading PlatformMT5
Min Deposit$200
Customer SupportTel: +852 51976649
Email: info@ttradefx.com
Regional RestrictionsThe United States

Founded in 2020, TTRADE is an unregulated broker registered in the United States, offering trading in forex, commodities, and indices with leverage up to 1:400 and spread from 1.6 pips on the Standard account via the MT5 platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as 200 USD.

Pros and Cons

Pros Cons
Commission-free account offeredUS clients are not allowed
MT5 providedInaccessible website
Popular payment optionsUnregulated status
Limited tradable assets
High minimum deposit requirement

Is TTRADE Legit?

No, TTRADE currently has no validregulations. Please be aware of the risk!

No license

What Can I Trade on TTRADE?

TTRADE offers trading in forex, commodities, indices. It covers 70+ currencies, including major currency pairs, minor currency pairs, cross-currency pairs.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Standard $200
Pro$20,000

Leverage

In TTRADE, the maximum leverage is up to 400:1. High leverage of 400:1 means both high potential rewards and high risks. Extreme market fluctuations can result in significant losses, including the possibility of losing more than the initial investment.

TTRADE Fees

Account TypeSpread fromCommission
Standard1.6 pips❌
PRO0 pips$7 USD

Trading Platform

TTRADE provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform (iOS, Android, Mac OS, Windows).

Trading PlatformSupported Available Devices Suitable for
MT5✔iOS, Android, Mac OS, WindowsExperienced traders
MT4❌/Beginners

Deposit and Withdrawal

TTRADE accepts payments via wire transfers, China Union Pay (CUP), Skrill, Neteller, etc.

LeverageBrokerCurrency PairDealer

Related broker

No Regulation
TTRADE
Company name:TTRADE TECHNOLOGY LIMITED
Score
1.52
Website:http://www.ttradefx.com/english/index.html
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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